Zoomermedia (TSE:ZUM) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
ZoomerMedia Limited reported a decline in revenues to $46.1 million and a net loss of $2.7 million for the third quarter of 2024, compared to the previous year’s higher revenues and a net income of $0.3 million. These results demonstrate a challenging fiscal period for the multimedia company, which targets a broad demographic including ‘Zoomers’ aged 45+ and younger generations.
For further insights into TSE:ZUM stock, check out TipRanks’ Stock Analysis page.